Investment House LLC purchased a new position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,150 shares of the exchange traded fund’s stock, valued at approximately $1,645,000.
A number of other large investors also recently added to or reduced their stakes in GLD. Brighton Jones LLC lifted its holdings in SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after purchasing an additional 1,903 shares in the last quarter. Bison Wealth LLC lifted its holdings in SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in SPDR Gold Shares in the 1st quarter worth approximately $16,014,000. Schnieders Capital Management LLC. lifted its holdings in SPDR Gold Shares by 4.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock worth $1,829,000 after purchasing an additional 275 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new position in SPDR Gold Shares in the 2nd quarter worth approximately $337,000. 42.19% of the stock is owned by hedge funds and other institutional investors.
SPDR Gold Shares Trading Down 1.7%
NYSEARCA GLD opened at $411.50 on Wednesday. The stock’s 50 day moving average is $433.34 and its 200 day moving average is $424.04. SPDR Gold Shares has a 12 month low of $298.30 and a 12 month high of $509.70. The stock has a market cap of $149.66 billion, a PE ratio of -32.43 and a beta of 0.15.
More SPDR Gold Shares News
- Positive Sentiment: Goldman Sachs said central banks have been buying more gold than previously expected, and it sees sovereign demand increasing further through 2026, which is a supportive longer-term tailwind for GLD. Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs
- Neutral Sentiment: Gold edged higher on a possible technical recovery after the front-month futures contract had already fallen about 1%, suggesting bargain-hunting may be emerging after the recent selloff. Gold Edges Higher on Possible Technical Recovery
- Neutral Sentiment: Gold’s recent decline has been driven by rising yields and a stronger dollar, but persistent oil-driven inflation worries and geopolitical tension are still providing some safe-haven support. Treasury Yields Spike To Trump’s Second-Term High, Sinking Gold And S&P 500
- Negative Sentiment: Spot gold slipped below key support levels as rising Treasury yields and a stronger U.S. dollar outweighed safe-haven demand, pressuring GLD lower. Gold drops below $4,500, silver breaks $74 support as Iran talks stall – Kitco PM Report
- Negative Sentiment: Multiple intraday updates showed gold trading lower as the dollar and yields climbed on inflation worries, reinforcing the near-term bearish momentum for the ETF. Gold Edges Lower as USD and Yields Rise on Inflation Worries
SPDR Gold Shares Company Profile
SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.
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